South Coast-based Australia's Oyster Coast Ltd chairman David Trebeck has announced the release of the company's prospectus.
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The South Coast based company is hoping to further its objectives by raising up to $500,000 under the offer, with the issue of 500,000 shares at $1 per share.
Mr Trebeck said the company was pursuing profitable outlets for oysters sourced from Australia's Oyster Coast.
“This enables premium farm gate prices to be paid to grower,” he said.
"It's a major milestone for the company and for the oyster growers of the region," Narooma oyster farmer David Maidment said.
“Oyster driven tourism is delivering visitors to the region, something I would never have imagined five or ten years ago.”
Mr Trebeck urged businesses or individuals to visit the www.AustraliasOysterCoast.com website to download a copy of the prospectus or get further contact information.
